Is Owning A Car In London Worth It?

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Is owning a car in London worth it? This is a question that we hear all of the time, and it’s not really an easy one to answer. Some people say yes, and some people say no, and in this article we’re going to be looking at the kind of factors that you should be thinking about when trying to come up with an answer so that you can decide for yourself. That’s what you’re going to find in this article, so keep reading if you would like to find out more about this.

Do You Work In London?

One of the factors that you should be thinking about is whether or not you work in London. We say this because if you work inside the city then getting around can be tough when you’re driving. You could spend twenty minutes in traffic and still only end up a couple of miles down the road due to the place being stuffed with cars. The tube goes to pretty much all places around London, and most stations are only a few minutes walk from any given place, making this a more convenient option.

If you don’t work in London though, you might find it a little harder to find suitable transport to get to where you are going. In this case, a car is going to be the best option for you, you just have to be prepared to battle your way through traffic.

Do You Use Your Car Often?

Another thing that you want to think about is whether or not you use your car often. If it spends more time on your driveway than on the road, what’s the point? You spend so much money owning a car, taxing it, insuring it and whatnot that it doesn’t make sense to spend this amount if you’re not travelling around regularly.

On the flip side of that though, you can make quite decent money renting out your car when you’re not using it. This is something that quite a few Londoner’s have caught onto in recent years, and may be something to consider if you want a little extra income.

Do You Want One?

The last thing that we want to ask you is whether you want one? If you do, then yes, it’s worth it. If you don’t, then no, it’s not. It’s as simple as that sometimes. If you do, then we recommend budgeting carefully and then trying to find the best deal on what you want. For example, you could look up the cheapest Mercedes Benz that you can find and see if this fits in with your budget.

So there you go then. At the end of the day it’s going to be up to you, your preferences, and what you think is best for you. Generally, based on all of the public transport options and the fact that London roads are always rammed, we would say that it’s not really worth it. But, as we said, it depends on circumstances and preferences more than anything else, so you need to make a choice that is going to work for you.